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Derivatives (Tables)
 12 Months Ended
Jan. 02, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value of Derivative Instruments
The following table summarizes the fair value of the Company's derivative instruments designated and not designated as hedging instruments, the notional values of the associated derivative contracts, and the location of these instruments in the consolidated balance sheet:
 
 
 
 
2015
 
2014
(In thousands)
 
Balance Sheet
Location
 
Asset
(Liability)
(a)
 
Notional
Amount
(b)
 
Asset
(Liability)
(a)
 
Notional
Amount
(b)
Derivatives Designated as Hedging Instruments:
 
 
 
 
 
 
 
 
 
 
Derivatives in an Asset Position:
 
 
 
 
 
 
 
 
 
 
Forward currency-exchange contracts
 
Other Long-Term
Assets
 
$
—

 
$
—

 
$
775

 
$
17,012

Interest rate swap agreement
 
Other Long-Term
Assets
 
$
38

 
$
10,000

 
$
—

 
$
—

Derivatives in a Liability Position:
 
 
 
 

 
 

 
 

 
 

Forward currency-exchange contracts
 
Other Current
Liabilities
 
$
(101
)
 
$
6,525

 
$
—

 
$
—

Interest rate swap agreement
 
Other Current
Liabilities
 
$
(91
)
 
$
5,250

 
$
—

 
$
—

Interest rate swap agreement
 
Other Long-Term
Liabilities
 
$
—

 
$
—

 
$
(377
)
 
$
5,750

Derivatives Not Designated as Hedging Instruments:
 
 
 
 

 
 

 
 

 
 

Derivatives in an Asset Position:
 
 
 
 

 
 

 
 

 
 

Forward currency-exchange contracts
 
Other Current
Assets
 
$
2,536

 
$
15,612

 
$
—

 
$
—

Derivatives in a Liability Position:
 
 
 
 

 
 

 
 

 
 

Forward currency-exchange contracts
 
Other Current
Liabilities
 
$
—

 
$
—

 
$
(12
)
 
$
784


(a)
See Note 10 for the fair value measurements relating to these financial instruments.
(b)
The total notional amount is indicative of the level of the Company's derivative activity during 2015 and 2014.
Activity in Accumulated Other Comprehensive Items (OCI)
The following table summarizes the activity in accumulated other comprehensive items associated with the Company's derivative instruments designated as cash flow hedges as of and for the period ended January 2, 2016:
(In thousands)
 
Interest Rate Swap
Agreements
 
Forward Currency-
Exchange Contracts
 
Total
Unrealized loss, net of tax, at January 3, 2015
 
$
(366
)
 
$
(426
)
 
$
(792
)
Loss (gain) reclassified to earnings (a)
 
270

 
(1,379
)
 
(1,109
)
(Loss) gain recognized in AOCI
 
(66
)
 
1,738

 
1,672

Unrealized loss, net of tax, at January 2, 2016
 
$
(162
)
 
$
(67
)
 
$
(229
)

(a)
See Note 13 for the income statement classification.